Firan Technology Group Co. (TSE:FTG) Director Mike Andrade Purchases 11,000 Shares of Stock

Firan Technology Group Co. (TSE:FTG) Director Mike Andrade purchased 11,000 shares of the stock in a transaction that occurred on Tuesday, April 16th. The stock was purchased at an average cost of C$5.39 per share, with a total value of C$59,290.00.

Firan Technology Group Stock Up 1.5 %

TSE FTG opened at C$5.39 on Wednesday. Firan Technology Group Co. has a twelve month low of C$3.02 and a twelve month high of C$6.14. The stock has a market cap of C$128.66 million, a PE ratio of 11.23 and a beta of 1.47. The firm has a 50-day simple moving average of C$5.48 and a 200 day simple moving average of C$4.49. The company has a debt-to-equity ratio of 58.33, a quick ratio of 1.53 and a current ratio of 2.24.

Firan Technology Group (TSE:FTG) last posted its quarterly earnings results on Thursday, April 11th. The company reported C$0.04 EPS for the quarter. The firm had revenue of C$34.98 million during the quarter. Firan Technology Group had a return on equity of 21.58% and a net margin of 8.60%. On average, research analysts forecast that Firan Technology Group Co. will post 0.34 EPS for the current year.

Analyst Ratings Changes

Separately, Acumen Capital boosted their target price on Firan Technology Group from C$6.00 to C$7.00 and gave the stock a “buy” rating in a report on Monday.

About Firan Technology Group

Firan Technology Group Corporation manufactures and sells aerospace and defense electronic products and subsystems in Canada, the United States, Asia, Europe, and rest of Americas. The company operates in two segments, FTG Circuits and FTG Aerospace. It offers semi additive process technologies, high density interconnect products, high temperature rigid flex printed, RF boards, thermal management, and rigid flex and assembly products.